About the Society

Arkansas Society of CPAs (ARCPA) is an active professional organization of CPAs working together to improve the profession and serve the public interest.

With over 100 years of service to the accounting profession, the mission of ARCPA is to act on behalf of its members and to provide support in enabling its members to perform quality professional services.

Latest News

AICPA Releases New Quality Management Standards

Four Standards Reflect a More Risk-Based, Scalable and Customized Approach to Quality The American Institute of CPAs’ Auditing Standards Board and Accounting and Review Services Committee have collectively released four new quality management standards designed to improve a CPA firm's risk assessment and audit quality. The new standards modernize quality control and reflect new realities in practice, such as an increased emphasis on risk assessment, changes in technology and the growing use of external service providers.

Posted on June 27, 2022

IRS increases mileage rate for remainder of 2022

IR-2022-124, June 9, 2022 WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes.

Posted on June 13, 2022